iShares MSCI France ETF (NYSEARCA:EWQ) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Shares of iShares MSCI France ETF (NYSEARCA:EWQ) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $44.54 and traded as high as $45.03. iShares MSCI France ETF shares last traded at $44.98, with a volume of 216,063 shares trading hands.

iShares MSCI France ETF Stock Up 0.2%

The stock has a market cap of $413.82 million, a PE ratio of 17.82 and a beta of 0.98. The business has a 50 day moving average price of $44.54 and a 200 day moving average price of $43.60.

Institutional Investors Weigh In On iShares MSCI France ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in EWQ. Lido Advisors LLC increased its holdings in shares of iShares MSCI France ETF by 189.3% during the 3rd quarter. Lido Advisors LLC now owns 173,740 shares of the exchange traded fund’s stock valued at $7,632,000 after purchasing an additional 113,690 shares in the last quarter. Bank of America Corp DE grew its position in iShares MSCI France ETF by 392.7% during the third quarter. Bank of America Corp DE now owns 783,676 shares of the exchange traded fund’s stock valued at $34,427,000 after buying an additional 624,621 shares during the period. Ameriprise Financial Inc. grew its position in iShares MSCI France ETF by 6.1% during the third quarter. Ameriprise Financial Inc. now owns 958,494 shares of the exchange traded fund’s stock valued at $42,100,000 after buying an additional 54,897 shares during the period. Comerica Bank increased its holdings in iShares MSCI France ETF by 39.1% in the third quarter. Comerica Bank now owns 1,938 shares of the exchange traded fund’s stock valued at $85,000 after buying an additional 545 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of iShares MSCI France ETF by 106.3% in the third quarter. BNP Paribas Financial Markets now owns 949 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 489 shares during the period. Institutional investors and hedge funds own 73.46% of the company’s stock.

About iShares MSCI France ETF

iShares MSCI France ETF, formerly iShares MSCI France Index Fund, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the French market, as measured by the MSCI France Index (the Index). The Index seeks to measure the performance of the French equity market. The Index consists of stocks traded primarily on the Paris Stock Exchange. The Fund invests in sectors, such as industrials, financials, energy, consumer discretionary, consumer staples, healthcare, materials, telecommunication services, utilities and information technology.